1. Bitcoin Fractionation

The current very high gas fee has reached 1780, and even soared to 2000 yesterday, which shows the strong FOMO sentiment in the Bitcoin market.

2. FB Airdrop

Regarding the airdrop of Bitcoin, both OKX and Unista have been distributed. You can check your wallet. If you find that there is an airdrop record but it is not displayed in your wallet, you may need to upgrade your wallet version. After the upgrade, you should be able to find the airdrop assets.

3、CAT Protocol

One of the projects that triggered strong FOMO in the market yesterday was CAT Protocol. CAT Protocol is a new asset issuance protocol built on "OP_CAT". Although the project had previously attempted to be released on the Bitcoin chain, it was unsuccessful and is now turning to the Bitcoin network. Judging from the current market heat, CAT has received a lot of attention.

However, it is not easy for ordinary users to mint CAT. First, you need to install a specific environment and perform some operations, and the overall process is relatively complicated. Especially for users who are not familiar with technology, the threshold for deploying CAT is high. Although gas fees have risen and many coin-mining studios have gone bankrupt, CAT is not particularly friendly to retail investors at present.

There are some CAT casting tools under development on the market, but caution is needed as CAT20 is still an unproven concept and the risks are not yet clear.

The logic of CAT minting is to inject capital into the protocol by forking Bitcoin, but it is still unclear how much will be minted at a time, or what the specific fee will be, which is reminiscent of the early inscription operations.

4、FLUX

One of the reasons why the market is so FOMO is the FLUX project. When FLUX was launched on September 9, the cost was only $1, but the price was hyped up to $50 in OTC trading, and the profit instantly reached 50 times. However, although the book shows a 50-fold profit, it is difficult to cash it out in actual transactions, and even difficult to buy and sell in the secondary market. Although the project party plans to launch its own trading market and OTC market, it is still in the early stages.

In addition, Unisat’s Bitcoin will not support inscription indexing until three days later, that is, it will officially support the ordinals protocol. Therefore, the current inscription interaction is still a centralized way of playing, which is relatively risky.

5. Review of the current Bitcoin protocol types

1. The first token of Fractal Cat Protocol, cat, has been launched. The anonymous project token standard CAT Protocol is applicable to the first layer and fractal, including the two standards CAT20 and CAT721. Traces of development by Chinese people were found in the code, and there are some other doubts.

2. Danny Plainview from the Opnet team said that the above anonymous project is similar to the token standard CAT20 he proposed a month ago, and it will take 21,000 blocks to be activated.

3. Rijndael of the Great Wizard Quantum Cat team invented CATNIP a long time ago, a layer of token protocol based on op_cat, which is more systematic.

In short, based on the op_cat function upgrade, the three teams proposed their own standards, each of which was dissatisfied with the

6. Buy FB

On the BitTorrent network, any project using any protocol needs to use FB as gas fee. Currently, FB is not listed on any exchange, so in addition to over-the-counter transactions, we can also obtain it through Swap on "DOTSWAP".

However, the DOTSWAP pool is relatively shallow. You can buy some FB to invest in projects, but if you want to make a profit by hoarding FB, it is a bit difficult.

The current price of FB is around 24.

7. Summary

Whether it is CAT, FLUX, or the new protocol projects that will be released, their future trends are still uncertain. Although the market's FOMO sentiment is high, these early projects are extremely risky.

Although there may be some dark horse projects on the Bitcoin Fork, it is still difficult to predict which project will stand out.

It is true that a round of melee in the Bitcoin sub-type is about to begin. In the end, who will be the ordi or sata in the Bitcoin sub-type? We are also waiting for some market developments.